The Trend in Recent Years Is That More and More

question 26

Multiple Choice

The trend in recent years is that more and more governments

• A)have been granting greater independence to their central banks.
• B)have been reducing the independence of their central banks to make them more accountable for poor economic performance.
• C)have mandated that their central banks focus on controlling inflation.
• D)have required their central banks to cooperate more with their Ministers of Finance.

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Definitions:

Max Weber

A German sociologist, economist, and political scientist known for his theory on the structure of authority and his insights on the development of capitalism.

National Leaders

Individuals holding positions of significant political authority or influence over a country, usually involved in decision-making and governance.

Ethical Theories

are systematic and coherent frameworks used to guide moral decision-making, encompassing principles like utilitarianism, deontology, and virtue ethics.

Natural Law

A philosophy asserting that certain rights or values are inherent by virtue of human nature and can be universally understood through human reason.